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DAAR

Daar CommunicationsNGSE:DAARCOMM Stock Report

Market Cap

₦1.6b

7D

0%

1Y

-33.3%

Updated

26 Oct, 2021

Data

Company Financials
DAARCOMM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

DAARCOMM Overview

DAAR Communications Plc operates as a broadcasting company in Africa, the United Kingdom, and Sierra Leone.

Risk Analysis

Does not have a meaningful market cap (NGN2B)


Price History & Performance

Summary of all time highs, changes and price drops for Daar Communications
Historical stock prices
Current Share Price₦0.20
52 Week High₦0.20
52 Week Low₦0.27
Beta0.036
1 Month Change0%
3 Month Change0%
1 Year Change-33.33%
3 Year Change-54.55%
5 Year Change-60.00%
Change since IPO-96.19%

Recent News & Updates

Shareholder Returns

DAARCOMMNG MediaNG Market
7D0%0.4%1.5%
1Y-33.3%-6.9%40.2%

Return vs Industry: DAARCOMM underperformed the NG Media industry which returned -6.9% over the past year.

Return vs Market: DAARCOMM underperformed the NG Market which returned 40.2% over the past year.

Price Volatility

Is DAARCOMM's price volatile compared to industry and market?
DAARCOMM volatility
DAARCOMM Beta0.036
Industry Beta1.05
Market Beta1

Stable Share Price: DAARCOMM is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: DAARCOMM's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988540Tony Akiotuhttps://www.daargroup.com

DAAR Communications Plc operates as a broadcasting company in Africa, the United Kingdom, and Sierra Leone. It operates through AIT / Television, Raypower FM, DAAR News, and DAAR UK Operations segments. The company develops, produces, and markets entertainment news and information.

Daar Communications Fundamentals Summary

How do Daar Communications's earnings and revenue compare to its market cap?
DAARCOMM fundamental statistics
Market Cap₦1.60b
Earnings (TTM)-₦1.78b
Revenue (TTM)₦4.00b

0.4x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DAARCOMM income statement (TTM)
Revenue₦4.00b
Cost of Revenue₦2.44b
Gross Profit₦1.56b
Expenses₦3.34b
Earnings-₦1.78b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.22
Gross Margin38.90%
Net Profit Margin-44.62%
Debt/Equity Ratio23.8%

How did DAARCOMM perform over the long term?

See historical performance and comparison

Valuation

Is Daar Communications undervalued compared to its fair value and its price relative to the market?

0.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DAARCOMM (NGN0.2) is trading above our estimate of fair value (NGN0.15)

Significantly Below Fair Value: DAARCOMM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DAARCOMM is unprofitable, so we can't compare its PE Ratio to the African Media industry average.

PE vs Market: DAARCOMM is unprofitable, so we can't compare its PE Ratio to the NG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DAARCOMM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DAARCOMM is good value based on its PB Ratio (0.4x) compared to the XF Media industry average (0.6x).


Future Growth

How is Daar Communications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.3%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Daar Communications has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Daar Communications performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DAARCOMM is currently unprofitable.

Growing Profit Margin: DAARCOMM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DAARCOMM is unprofitable, but has reduced losses over the past 5 years at a rate of 6% per year.

Accelerating Growth: Unable to compare DAARCOMM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DAARCOMM is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-17.3%).


Return on Equity

High ROE: DAARCOMM has a negative Return on Equity (-48.55%), as it is currently unprofitable.


Financial Health

How is Daar Communications's financial position?


Financial Position Analysis

Short Term Liabilities: DAARCOMM's short term assets (NGN2.6B) do not cover its short term liabilities (NGN10.9B).

Long Term Liabilities: DAARCOMM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DAARCOMM's debt to equity ratio (23.8%) is considered satisfactory.

Reducing Debt: DAARCOMM's debt to equity ratio has increased from 18% to 23.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable DAARCOMM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DAARCOMM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 47.9% per year.


Dividend

What is Daar Communications's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DAARCOMM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DAARCOMM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DAARCOMM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DAARCOMM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DAARCOMM's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average management tenure


CEO

Tony Akiotu

12.42yrs

Tenure

Mr. Anegbe Anthony Akiotu, also known as Tony, has been Group Managing Director at Daar Communications Plc. Mr. Akiotu serves as an Executive Director of News & Sports and Executive Director of Daar Commun...


Leadership Team

Experienced Management: DAARCOMM's management team is seasoned and experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Daar Communications Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Daar Communications Plc
  • Ticker: DAARCOMM
  • Exchange: NGSE
  • Founded: 1988
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: ₦1.600b
  • Shares outstanding: 8.00b
  • Website: https://www.daargroup.com

Number of Employees


Location

  • Daar Communications Plc
  • LadiLawal Drive Kpaduma Hills
  • Off T. Y. Danjuma Street
  • Abuja
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 15:20
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.